July 14, 2015 / 8:33 AM / in 2 years

BRIEF-Megafon signs EUR 150 mln credit agreement

July 14 (Reuters) - Megafon :

* Signs 150 million euro ($165.09 million) Finnvera-covered credit agreement with UNICREDIT BANK AUSTRIA AG, under which the latter will act as the Mandated Lead Arranger, Original Lender and Agent

* Credit will be used to finance the purchase of fixed and wireless telecommunication equipment, software and related services from Nokia Solutions and Networks Oy (NSN)

* The credit will be available for 18 months and the amount drawn shall be amortized over a term of 8.5 years Source text: bit.ly/1dXR3C0

Further company coverage: ($1 = 0.9086 euros) (Gdynia Newsroom)

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